Carlton VIC 3053
Carlton is in Melbourne LGA, VIC, postcode 3053, with population 16,055.
Strong evidence
Carlton has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Weekly rent screens at about 107% of annual income. LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Open matching rent ranking →3,563 latest-year approvals in Melbourne, +0.0% YoY; population +3.7% YoY (2.7% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Income-stretched rent market
Weekly rent screens at about 107% of annual income. Snapshot rent $670/wk.
LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Carlton has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
No major visible gaps in the current status panel.
Carlton currently reads as a growth-momentum candidate.
Population scale is large enough to avoid reading this as a tiny locality only. Population movement supports a growth-led read. Gross yield looks low for an income-first use case.
Compare it against a contrasting suburb before turning it into a decision.
Population scale is large enough to avoid reading this as a tiny locality only. Population movement supports a growth-led read. Transport coverage adds a practical access signal.
Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Compare-ready
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- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Carlton VIC
Carlton is a well-established suburb in Victoria within the Melbourne local government area (postcode 3053). With a population of 16,055, the suburb has a young professional demographic with a median age of 27. Households earn a median income of $67K per year, with an average household size of 1.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.7% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, clerical & administrative. Employment in the area leans toward professional services and accommodation & food. The top ancestries reported are Chinese, English, Australian.
The median house price in Carlton is $1.5 million, having dipped slightly 1.8% over the past year. Units have a median price of $409,000 (+3.5% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,898.
Carlton is served by 2 schools, including 2 primary. The average ICSEA score is 1045, which is around the national average of 1,000. Public transport access includes 53 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Melbourne LGA is higher than average at 23,998 incidents per 100,000 population.
From an investment perspective, Carlton offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 22.1x is considered stretched. House prices have moved -1.8% year-on-year. Population growth of +3.7% year-on-year indicates strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Carlton is a well-established suburb in Victoria within the Melbourne local government area (postcode 3053). With a population of 16,055, the suburb has a young professional demographic with a median age of 27. Households earn a median income of $67K per year, with an average household size of 1.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.7% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, community & personal service, clerical & administrative. Employment in the area leans toward professional services and accommodation & food. The top ancestries reported are Chinese, English, Australian.
The median house price in Carlton is $1.5 million, having dipped slightly 1.8% over the past year. Units have a median price of $409,000 (+3.5% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,898.
Carlton is served by 2 schools, including 2 primary. The average ICSEA score is 1045, which is around the national average of 1,000. Public transport access includes 53 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Melbourne LGA is higher than average at 23,998 incidents per 100,000 population.
From an investment perspective, Carlton offers a gross rental yield of 2.3%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 22.1x is considered stretched. House prices have moved -1.8% year-on-year. Population growth of +3.7% year-on-year indicates strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Carlton FAQ
Common questions-
What LGA is Carlton in?
Carlton is in the Melbourne Local Government Area, VIC, postcode 3053. Council-level context for Melbourne LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Carlton?
The current median house price in Carlton, VIC is $1.5M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Carlton?
The median weekly rent in Carlton is $670/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
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What does the rent signal say about Carlton?
Income-stretched rent market: Weekly rent screens at about 107% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Carlton a good investment?
QuickProperty's investment signals for Carlton show: Low Yield, Above Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Carlton?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Carlton data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.